In this weekly post, we round-up FinTech-related financial
services regulatory developments for the week ending 15
September 2023.
ICYMI
Global
IOSCO Chair addresses Eurofi on sustainability, non-bank
finance, and digital finance
The International Organisation of Securities Commissions (IOSCO)
has published the keynote delivered by its Chair,
Jean-Paul Servais, at the Eurofi 2023 Financial Forum. In his short
address, Mr Servais spoke on the IOSCO endorsement of the first set of disclosure
standards published by the International Sustainability Standards
Board (ISSB) and IOSCO’s intention to ‘put its weight
behind’ the development of assurance standards. He then moved
on to non-bank finance and stressed IOSCO’s commitment to
advancing financial stability in this space, including with new
work on leverage and private finance. Finally, on digital finance,
Mr Servais highlighted the publication of consultations on cryptoassets and decentralised finance (DeFi). [14 Sep 2023]
#DeFi #Cyptoassets
BCBS Secretary-General speech on the Basel Core
Principles
The Secretary General of the Basel Committee on Banking
Supervision (BCBS), Neil Esho, has addressed the…